. Low Income Apartments For Rent in Shelby, Mississippi - Affordable Housing Online

Delta Partners Manor I

1301 Church St
Shelby, Mississippi
S. 202

City of Shelby

Lakeview Dr
Shelby, Mississippi
Rent Assisted

Shelby Apartments

1300 Kennedy St
Shelby, Mississippi

Church Garden Apartments

500 Church St
Shelby, Mississippi

Linwood Place Apartments

1305 Lake St
Shelby, Mississippi
Rent Assisted

West Shelby Prop C/O Sun Belt Mgt Co

1307 Lake Street
Shelby, Mississippi
Rent Assisted
S. 515 Rural

Lakeview Terrace

200 Beal St
Shelby, Mississippi
Rent Assisted

Southeastern Development Opp, Inc

102 Blue Cane Rd
Shelby, Mississippi
Rent Assisted
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There are 58 low-income apartments in Shelby that offer reduced rents to eligible households.

Rental assistance programs support 125 low-income homes in Shelby where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $296 towards rent each month.

Affordable rent data for some communities last confirmed on June 30th, 2021. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Shelby, Mississippi

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority Programs
The Housing Authority of the City of Shelby Public Housing
Go to the Mississippi Public Housing and Low-Income Apartments Waiting Lists page for openings near Shelby.

Shelby, Mississippi Affordable Housing Data

Income Based Apartments in Shelby, Mississippi

Shelby features 125 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Shelby, Mississippi

There are 58 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Shelby.

Housing Choice Vouchers in Shelby, Mississippi

On average, Section 8 Housing Choice vouchers pay Shelby landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Shelby.

The maximum amount a voucher would pay on behalf of a low-income tenant in Shelby, Mississippi for a two-bedroom apartment is between $698 and $853.

2023 Shelby, Mississippi Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Shelby, Mississippi Fair Market Rent $585 $589 $775 $943 $1,041
Shelby, Mississippi Payment Standard Range $527 to $644 $530 to $648 $698 to $853 $849 to $1,037 $937 to $1,145

Sourced from federal housing data and AffordableHousingOnline.com research.

Shelby, MS Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 183
Total Housing Units with Rental Assistance 125
Percentage of Housing Units Occupied By Renters 42.22%
Average Renter Household Size 3.32
Average Household Size 3.16
Median Household Income $21,348 ±$4,539
Median Rent $426 ±$102
Percentage Of Renters Overburdened 37.5% ± 14.92pp
Total Population 2,381

Population and Household Demographics

Shelby is a city in Bolivar County, Mississippi with a population of 2,381. There are 739 households in the city with an average household size of 3.16 persons. 42.22% of households in Shelby are renters.

Income and Rent Overburden in Shelby

The median gross income for households in Shelby is $21,348 a year, or $1,779 a month. The median rent for the city is $426 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Shelby, a household making less than $1,420 a month would be considered overburdened when renting an apartment at or above the median rent. 37.5% of households who rent are overburdened in Shelby.

Area Median Income In Shelby

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Shelby, the AMI is calculated from all households within Bolivar County.

In Shelby, HUD calculates the Area Median Income for a family of four as $47,400

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Shelby

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Shelby

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Shelby AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $33,600 $36,100 $38,600 $41,100
50% AMI Income Limits
Renters earning up to 50% of the Shelby AMI may qualify for rental assistance programs that target Very Low Income households.
$21,800 $24,900 $28,000 $31,100 $33,600 $36,100 $38,600 $41,100
80% AMI Income Limits
Renters earning up to 80% of the Shelby AMI may qualify for rental assistance programs that target Low Income households.
$34,850 $39,800 $44,800 $49,750 $53,750 $57,750 $61,700 $65,700